03336cam a2200457 i 4500 18220023 BJBSDDR 20231107145115.0 ta 140710s2014 enka b 001 0 eng 2014024776 9780190218898 (hardcover : acidfree paper) 0190218894 (hardcover : acidfree paper) DLC eng DLC rda DLC pcc n-us--- HD 7125 E47f 2014 331.25/20973 Ellis, Charles D., 1937- 32839 Falling short : the coming retirement crisis and what to do about it / by Charles D. Ellis, Alicia H. Munnell, and Andrew D. Eschtruth. Oxford ; New York, NY : Oxford University Press, 2014. Oxford ; New York, NY : Oxford University Press, [2014] 159 pages : illustrations ; 22 cm. text txt rdacontent unmediated n rdamedia volume nc rdacarrier Includes bibliographical references (pages 147-156) and index. Introduction -- How did we get here? -- How big is the problem? -- What can we do as individuals? -- What can we do as a nation?. The United States faces a serious retirement challenge. Many of today's workers will lack the resources to retire at traditional ages and maintain their standard of living in retirement. Solving the problem is a major challenge in today's environment, in which risk and responsibility have shifted from government and employers to individuals. For this reason, the authors have written this concise guide, grounded in sound research yet written in a highly accessible style, for anyone concerned about their own--and the nation's--retirement security. The authors provide a vivid picture of the retirement crisis in America. They offer the necessary context for understanding the nature and size of the shortfall, which is caused by both increasing income needs--due to longer lifespans and rising health costs--and decreasing support from Social Security and employer-sponsored pension plans. The solutions are to work longer and save more by building on the existing retirement system. To work longer, individuals should plan to stay in the labor force until age 70 if possible. To save more, policymakers should shore up Social Security's long-term finances; make all 401(k) plans fully automatic, with workers allowed to opt out; and ensure that everyone has access to a retirement savings plan. Individuals should also recognize that their house is a source of saving, which they can tap in retirement through downsizing or a reverse mortgage- Social security United States. Pensions United States. Retirement income United States. Seguridad social Estados Unidos 527 Pensiones Estados Unidos 20628 Ingresos de jubilación Estados Unidos 16337 Munnell, Alicia Haydock, 1942- 32841 Eschtruth, Andrew D. 32842 7 cbc orignew 1 ecip 20 y-gencatlg lcc BK 119677 119677 0 0 lcc 0 0 CS BJB BJB CS 2023-06-06 0 HD 7125 E47f 2014 00000169985 2023-06-06 00:00:00 1 2023-06-06 BK